Clinton's Defense Budget Falls Far Short Again
"We must not cut defense further." This quote is from the State of the Union Address President Clinton gave a little over a year ago. Yet on February 6, the President submitted his fiscal year 1996-2000 budget proposal, which indeed cuts defense further. His new proposal would reduce defense spending by 5.3 per- cent in FY 1996 and an additional 4.1 percent in FY 1997. In fact, the Clinton proposal for the entire five- year period would slash the defense budget by 0%an I over $140 billion (in budget authority) from the Average Military Pay Will Dechne Under the Clinton Budget Congres...